Unlocking the Secrets Of Lucrative Cyber Security Salaries
By Tom Seest
At BestCybersecurityNews, we help entrepreneurs, solopreneurs, young learners, and seniors learn more about cybersecurity.
Cybersecurity is growing at an astoundingly fast rate, and this trend is expected to continue in the near future. According to the National Initiative for Cybersecurity Careers and Studies, demand for cybersecurity specialists is expanding 12 times faster than the average US job market.
Security professionals should rejoice, as there are plenty of high-paying jobs in the field. Here is a look at some of the highest-paid cyber security positions and their typical salaries.
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Cyber security yearly income is one of the fastest-growing career fields in America, with the Bureau of Labor Statistics projecting that jobs for information security analysts will increase by 35% by 2021.
These professionals are responsible for safeguarding networks and computer systems from potential cyberattacks. They collaborate closely with other IT specialists to craft and execute cybersecurity strategies. They may work in a variety of settings, such as private companies, government agencies, or non-profit organizations.
Companies need more security specialists than ever before to protect their data from cyber-attacks. As the number of such attacks rises, demand for skilled cyber workers will only increase as the industry develops and the threat landscape widens.
With the right combination of education, experience, and industry certifications, you can progress to a higher-paying cybersecurity role. While most entry-level positions require at least a bachelor’s degree, there are also many positions available that require less than four years of college diploma – some even lead to more lucrative jobs!
A cybersecurity degree can be earned through traditional college programs or self-guided learning experiences such as a cyber security boot camp. Whether you plan to stay in the industry for several years or permanently, having a relevant degree will make your job search much smoother and more fruitful.
Another way to gain valuable cybersecurity experience is by becoming a penetration or vulnerability tester. These professionals conduct security audits for organizations in order to detect vulnerabilities that could be exploited by malicious actors, earning salaries between $150,00 and $225,000, according to Mondo.
Positions in cyber security can be competitive, but you can increase your chances of landing one by networking with the right people and attending relevant cybersecurity events. Joining organizations such as BCS or the Chartered Institute for IT may give you access to opportunities not listed on job boards or the internet.
Finally, you can leverage your knowledge and experience to negotiate for a higher salary. A recent survey by Glassdoor revealed that nearly one in three employees accepted their current offer without negotiation – meaning you could potentially secure an even larger paycheck.
Cybersecurity is a field that requires an impressive set of skills and expertise to be successful. Yet it also offers some of the highest salaries in the country due to its rising popularity and demand for businesses to protect their data.
Problem solvers who seek a career that challenges them to hone their skills, learn new subjects, and develop a unique skill set will find many great options here. Salaries for these jobs typically range between $103,590 to $164,861 annually, depending on the position.
To be eligible for a yearly income in cyber security, you need at least a bachelor’s degree in the field or its related field, along with relevant certifications and experience. Doing so will give you an edge when applying for jobs within this field.
A master’s degree in cybersecurity can be highly advantageous. Not only will it set you apart from the competition, but it may also open doors to more lucrative employers and roles within this field. With such a degree, it may serve as a launching pad for other opportunities within this sector.
Master’s degree holders in cybersecurity typically enjoy higher yearly incomes than their less experienced peers due to their more comprehensive training and expertise in the field. Therefore, those with master’s degrees have an edge when it comes to negotiating salaries with potential employers; those just starting out in cyber security often enjoy larger salary packages.
Additionally, those with a master’s degree in cybersecurity are more likely to work in positions involving advanced technology and higher-level responsibilities than those with just a bachelor’s or associate’s degree.
Furthermore, those with master’s degrees tend to be promoted faster in their career. This holds especially true for cyber security sales engineers whose duties involve selling security-oriented goods and services to companies that require them.
Cybersecurity is an exciting, rapidly expanding career with competitive salaries and excellent benefits and perks. Additionally, it offers a wide range of jobs and career paths, providing you with an enjoyable yet challenging professional life.
Cybersecurity certifications are available for both new and experienced professionals alike, helping you stand out from competitors and demonstrate your abilities to potential employers. Furthermore, according to (ISC)2 survey findings, they may give you a significant salary boost.
For instance, GIAC’s GSEC credential is an entry-level security credential designed for people with some IT or computer networking experience. It tests your understanding of security tasks such as active defense, network security, cryptography, and incident response.
A CISM certification, however, is designed for experienced security professionals and validates that you possess the capacity to promote, implement, and sustain effective information security management practices at your organization.
Holders of this certification work to protect their organization’s sensitive information from external and internal threats. They may be expected to perform various security tasks, such as penetration testing, vulnerability assessment, and data loss prevention.
Another popular security certification is CompTIA Security+, a vendor-neutral certificate that prepares IT technicians for various cybersecurity threats. This credential serves as an entry point into higher-level roles and meets U.S. Department of Defense 8570 compliance requirements.
For an advanced security career, consider earning the Certified Information Systems Security Professional (CISSP) with the Information Systems Security Architecture (ISSAP) extension. The ISSAP adds security architecture skills to your CISSP credential and may earn pay premiums of up to 12% of your base salary.
This cybersecurity certification from GIAC validates your abilities in security tasks such as access controls, risk identification and analysis, security administration, incident response, cryptography and network, communications, and systems security. It’s an ideal starting point for those with expertise in information systems or networking who wish to pursue more advanced security roles like network administrator or engineer.
In addition to industry-recognized cybersecurity certifications, there are a range of academic programs that can help you bridge the gap between your previous experience and what is required for a job. These courses usually combine classroom instruction, online courses, and self-paced study in order to teach specific security skills.
Cyber security yearly income can vary significantly based on your skill set, the industry you work in, and the number of years of experience you possess. Furthermore, your location can significantly influence earnings potential.
Though the base salary for an entry-level cybersecurity job may be relatively low, your overall yearly income can increase as you gain experience and more responsibilities. It’s wise to negotiate a higher salary with your supervisor as soon as possible if you feel that the work that goes beyond expectations deserves extra recognition.
According to a PayScale study, security analysts typically earn between $60,920 and $113,650 annually. However, the amount earned varies significantly across states and regions, with lighter-colored areas having lower annual salaries than darker ones.
A malware analyst typically earns around $165,000 annually and specializes in recognizing and understanding malicious software and its delivery methods. They assess various forms of adware, bots, rootkits, viruses, worms, Trojan horses, and spyware to uncover security holes.
Other specialized cybersecurity roles, such as network security architects, can offer impressive annual salaries. These professionals create, implement, and test networks to guarantee they are secure against hackers, malicious systems, and other potential threats. Furthermore, they evaluate security strategies, analyze data to detect issues, and make recommendations for improving the network’s protection.
These roles require a bachelor’s degree; however, some employers prefer master’s holders. On average, salaries for those with master’s degrees range from $92,000 to $230,000 annually.
The highest-paid position in the industry is Chief Information Security Officer (CISO), who supervises all aspects of an organization’s cybersecurity infrastructure and manages security staff. CISOs are accountable for policy development and monitoring, reporting on data breaches, as well as making recommendations to prevent future problems from arising.
Other lucrative cybersecurity jobs include application security engineers, who design and implement security measures for an organization’s applications. These experts possess a profound knowledge of modern technologies as well as their potential security hazards. Annual salaries for application security engineers range from $114,000 to $160,000, depending on the application and its security needs.
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